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Government in Vilnius issues Eurobonds

Sep 09, 1999

VILNIUS (BNS) - The Lithuanian government on Sept. 1 gave its permission to the Finance Ministry to place a 250 million euro ($268.8 million) Eurobond issue on international markets.The placement will be handled by the U.S. bank JP Morgan Securities, which has been chosen as the lead-manager of the issue after considering offers from nine Western banks.JP Morgan handled the placement of Lithuania's bond issue worth $200 million on international markets in 1997.Finance Minister Jonas Lionginas ha ...

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